FSN E-Commerce Ventures Limited CC-Feb26.pdf · 2026-02-05
My first question is on Nykaa Now. Given we have now reached a decent scale and we are talking about pushing for marketing. Any early color in terms of how much scale we have already achieved in terms of, let's say, number of orders, percentage mix? And ho w is profitability in Nykaa Now versus Nykaa Platform?
Got it. Second, on House of Nykaa, we have seen very strong growth, but especially the growth from third-party channel was much meaningfully higher than Nykaa Platform. I mean Nykaa Platform, Nykaa Store grew 45% versus third-party platform Y-o-Y growth of more than 100%. So just wanted to understand any color where we are growing and what is leading to such acceleration versus the core platform?